The_King Posted February 17, 2023 Share Posted February 17, 2023 BENGALURU, Feb 16 (Reuters) - Singaporean sovereign fund Temasek Holdings is in advanced talks to buy a minority stake in Cloudnine Hospitals, valuing the Indian hospital chain at 30 billion rupees ($362.7 million), the Economic Times reported on Thursday. Temasek is likely to invest around 5 billion rupees for a 15%-20% stake in the maternity, gynaecology, and pediatric hospital chain through its Sheares Healthcare unit, ET said, citing two people aware of the development Apart from Temasek, existing investor NewQuest Capital will increase its stake in the Bengaluru-based company with an investment of about 2 billion rupees, the report said. Temasek, Cloudnine and NewQuest did not immediately respond to Reuters’ requests for comments. Cloudnine had reportedly planned an initial public offering in February last year to raise 12 billion rupees, but postponed that plan due to market volatility. 2 Link to comment Share on other sites More sharing options...
The_King Posted February 17, 2023 Author Share Posted February 17, 2023 time to short 2 Link to comment Share on other sites More sharing options...
Huat Zai Posted February 17, 2023 Share Posted February 17, 2023 1 hour ago, The_King said: time to short @socrates469bc want to form a trust fund for mugen kias that focuses on shorting Temasek investments? Lim bei first one to support. 1 Link to comment Share on other sites More sharing options...
The_King Posted February 17, 2023 Author Share Posted February 17, 2023 19 minutes ago, Huat Zai said: @socrates469bc want to form a trust fund for mugen kias that focuses on shorting Temasek investments? Lim bei first one to support. me 2nd 2 Link to comment Share on other sites More sharing options...
XianGe Posted February 17, 2023 Share Posted February 17, 2023 But high sell low 2 Link to comment Share on other sites More sharing options...
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